Fixing Your Credit To Buy A Home
Is your bad credit holding you back from the American Dream of home ownership?
You’re not alone.
During the Great Recession, millions of Americans watched their credit scores plummet. And although the nation’s average score has rebounded nicely to 700, according to the latest reports from the credit bureaus, there are definitely people still struggling.
(In case you were wondering, 700 is considered a “good score.” It’s not GREAT, but it’s good. And people can generally get decent financing with a score of 700 or higher.)
So the question is… how does one get their score up above that coveted 700 figure to buy a home or land a great interest rate on a new car?
The answer isn’t an easy one to swallow.…